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Canadian Dollar, Spring Wheat

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    #1

    Canadian Dollar, Spring Wheat

    I got out of my Canadian dollar hedge (spec, whatever) a couple of days ago and will have to watch close again for a re-entry. One might want to keep an eye on Dec Minny Wheat. Lots of resistance at $5.75, would be nice to get a couple of closes above that level. Don't discount all the day traders that are watching it, waiting for a breakout too.
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    #2
    Any thoughts on trigger points/sales opportunities.

    MGEX December below plus the CWB historical charts.

    [URL="http://farms.com/FarmsPages/Markets/tabid/214/Default.aspx?ab=quotescharts&page=ccharts&sym=MWZ0 "]MGEX Dec.[/URL]

    <a href="http://www.cwb.ca/public/en/farmers/producer/historical/pdf/2010-11/2010-11fpcbpccharts.pdf">cwb historical charts</a>

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